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Reply To: This is how online casinos make money

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#721811
327007
Member
nick777 wrote:
The wizard clearly says that…

Standing = 0.675(x 2) = 1.35
Splitting = 0.35(x4) = 1.40(check that, it says 0.175, it should be 0.35, (0.175 x 2), it might confuse people like nolan as it is a misprint and some people might not know any better)

http://wizardofodds.com/blackjack/appendix9-4dh17r4.html

You can’t just go around multiplying listed values by whatever numbers you want to get the results you want. Yes, you did finally find a table that does not appear to be based on initial bet size. Given the 0.175 value, it seems to be based on expected gain per split hand. But why in the world would you multiply by 2 twice for a total of 4x. Do you think there are 4x more hands in a split than a stand?!

You’d multiply by the average number of hands… there are 2 hands for the split and 2*4/13 for the resplit in both hands (recall 4/13 odds of drawing a 10 to make a resplit in each of the two split hands)

2 + 2* 4/13 = 2.62 hands on average

2.62 * 0.175 = ~0.46

Does ~0.46 sound familiar? It should because it is the value I have been listing for the past 10 pages, when including resplits!